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Pet Friendly
Location
Memphis #1, TN 38103, USA
Tour 505 Tennessee Street - 1Unit RG #1
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Amenities for 505 Tennessee Street - 1Unit RG #1
Features
| Air Conditioning | Balcony |
| Ceiling Fan | Central Heat |
| Dryer | Heating |
| Mirrors | Private Balcony |
| View | Walk-in Closet |
| Washer | Window Coverings |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range | Refrigerator |
Tech
| Cable | Climate Control |
Community
| Cats OK | Dogs OK |
Grounds
| Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 505 Tennessee Street - 1Unit RG #1
Welcome to easy, elevated city living in this beautiful loft-style condo at 505 Tennessee Street, Unit 506. This spacious home features an open-concept layout with soaring 17-foot ceilings and oversized windows that fill the space with natural light, creating a bright and inviting atmosphere from the moment you walk in. The kitchen is both stylish and functional, offering ample cabinetry, stainless steel appliances, and generous counter space—perfect for everyday living or entertaining friends and family. Upstairs, the lofted bedroom provides a private retreat complete with a full bath and a large walk-in closet. A convenient half bath on the main level is ideal for guests. This unit offers flexibility to fit your needs and can be leased furnished or unfurnished. Rent includes washer and dryer, utilities, internet, and one reserved parking space in the secure underground garage—making life here as convenient as it is comfortable. Residents of The Lofts at South Bluffs enjoy an impressive array of amenities, including onsite management five days a week, a rooftop deck with stunning Mississippi River views, fitness center, sauna, outdoor kitchen, rooftop lap pool, and gas grills. All of this is set in a prime location, just moments from a vibrant mix of dining, shopping, and entertainment options—everything you need right at your doorstep. Utilities & internet included in rent. Parking Garage parking. No smoking of any kind allowed. Pets Allowed (breed restrictions and fees apply).
Address details
| Zip code | 38103 |
|---|---|
| Type | Condo for rent |
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Rent trends in Memphis
1-bedroom apartments at 505 Tennessee Street - 1Unit RG #1 cost about 116% more than the average rent price for 1-bedroom apartments in Memphis.
Median rents as of Mar 14 2026.
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $900 |
| April 2024 | $916 |
| May 2024 | $939 |
| June 2024 | $933 |
| July 2024 | $993 |
| August 2024 | $1,022 |
| September 2024 | $1,070 |
| October 2024 | $1,067 |
| November 2024 | $1,060 |
| December 2024 | $1,059 |
| January 2025 | $1,070 |
| February 2025 | $1,035 |
| March 2025 | $1,016 |
| April 2025 | $996 |
| May 2025 | $995 |
| June 2025 | $995 |
| July 2025 | $968 |
| August 2025 | $989 |
| September 2025 | $962 |
| October 2025 | $964 |
| November 2025 | $978 |
| December 2025 | $970 |
| January 2026 | $943 |
| February 2026 | $949 |
| March 2026 | $927 |
Affordability calculator
Can I afford to live at Memphis #1?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$79,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this 1-bedroom monthly rent price of $1,995.
For more information on rent affordability, visit our rent calculator.
Schools near 505 Tennessee Street - 1Unit RG #1
Downtown Elementary School
10 n 4th st
memphis, TN, 38103
PK, K-5Public
C
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
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Internet available near 505 Tennessee Street - 1Unit RG #1
Getting around TN 38103 near Memphis #1
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for Memphis #1, TN 38103
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around Memphis #1
Memphis Farmers Market
114 N Main St
Pope Street Grocery
201 Poplar Ave
D Canale
79 S 2nd St
City Market Memphis
99 S 2nd St
Brothers Sundry
216 N Lauderdale St
Winfield's Shoes & Accesories
2 S Main St
Genesis Shirt Co
10 S Main St
NoBasis Co.
65 Monroe Ave
Lansky at the Peabody
149 Union Ave
Tailors' Union
115 Union Ave
Qahwa Coffee Bar
109 N Main St
Guava Inc
1890 Berryhill Rd
Crazy Gander Coffee Company
150 Madison Ave
Starbucks
110 Monroe Ave
Starbucks
201 S B B King Blvd
Hu Roof
79 Madison Ave
The Brass Door
152 Madison Ave
Paula & Raiford's Disco
14 S 2nd St
Bardog Tavern
73 Monroe Ave
Curfew
164 Union Ave
Cupcake Cutie Etc
109 S Court Ave
Plexus Slim-Danielle Turner
Going Nuts Bakery
91 S Front St
Tennessee Bonding Company Memphis & Shelby Count
279 Exchange Ave
Miss Birdsong's Sweet Tooth
694 Madison Ave
Morris Park
Malone Park
Mud Island Park
Gaston Park
Guthrie Park
Willie Moore's Family Restaurant
109 N Main St
Subway
85 N Main St
Wrapzody Gourmet Wrapz Deli-Memphis TN
99 N Main St
Aces Deli
50 N Front St
A Forkful Food Truck & Catering
1055 N Houston Levee
Jefferson Avenue / Main Street
Trolley Madison Line
Main Street / Jefferson Avenue
Trolley Main Line
Front Street / Adams Avenue
Trolley Riverfront Line
Main Street / Court Avenue
Trolley Main Line
Front Street / Jefferson Avenue
Trolley Madison Line
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